Middleton seeks 11.5 percent increase in property tax levy

Rob Schultz:

In each of the past three years, the city of Middleton tried to avoid raising property taxes as it paid for three new $18 million public safety buildings.

That will change if the city's proposed 2012 budget, which calls for an 11.5 percent increase in total property taxes, is approved by the City Council Tuesday night. The increase would amount to about a $150 jump for a $250,000 home, according to city administrator Mike Davis. More specific figures were not available Friday.

"The jump is practically directly related to the debt service for the new public safety buildings," Davis said.

Middleton opened new fire and EMS stations in 2008 and a new police station in 2010 at a total cost of $18 million, Davis said. The city's 2011 borrowing costs were more than $3.5 million, and Davis said most of that bill was paid with previously raised money. The tab for 2012 will be $3.6 million.

"Now it's being picked up mainly by property taxes," Davis added.

Posted by Jim Zellmer at November 27, 2011 1:54 AM
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